Crypto Market Tumbles into Weekend with Bearish Pressure
The cryptocurrency market is experiencing bearish pressure as it heads into the weekend, with buying pressure easing. Bitcoin (BTC) has slipped below $64,000, while Ethereum (ETH) holds at $1,800.
Solana (SOL), on the other hand, is the biggest loser among top-ten coins, dropping 2.2% to trade at $73.47. This reflects a bearish outlook for Bitcoin and tech stocks due to AI spending fears.
DeXe (DEXE) has made a remarkable recovery, rising by 90% today to trade at $88 after plummeting from $41 to $2 on July 21 due to a massive transfer of $6M in project wallets.